Staff Reporter
                
                                                                                    
      
      
      
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                Singapore
            
        
        
     
  
  
      
    
     
    
                                                         
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                    Photo from Shutterstock
             
     
    
            
     
    
    
        It issued the securities for $1.08 piece.
First Sponsor raised $244m from its over-subscribed rights issue.
The developer issued 225,910,315 Series 3 Convertible Securities under its rights issues.
It, however, received valid acceptances and excess applications for 235,931,493 Series 3 Convertible Securities. 
First Sponsor issued the securities for $1.08 per piece.
 
  
      
    
    
    
                                                                                                                                                
    
    
                     
                                                                                                                                                 
    
    
                     
                                                                                                                                                
     
    
                                
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